Annual Economic Outlook

2023 Annual Economic Outlook

Collective bargain: How trade-offs will define the economy in 2023

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Many central banks face an unpleasant dilemma: they need to raise rates to bring inflation down, but excessive tightening could lead to recession. At a micro level, businesses must decide whether to raise prices higher to protect margins while households must weigh whether to reduce savings rates further in order to maintain their current pace of spending. Collectively, this give-and-take will define the economy in 2023.

Speakers

Jay Bryson, Ph.D.

Chief Economist

Jay's bio

Sarah House

Senior Economist

Sarah’s bio

 

Charlie Dougherty

Senior Economist

Charlie’s bio

Brendan McKenna

International Economist

Brendan’s bio